This week, Flipkart re-launched its mobile site by the name ‘Flipkart Lite’, earlier users were directed to download and install the app when they use to open Flipkart on mobile. The company also said that it will focus on becoming more mobile centric through adoption of newer technologies such as artificial intelligence (AI) and social networks
Important developments of the week:
Snapdeal Launches Snaplite
Snapdeal announced its mobile web app by the name Snap-Lite that will mimic its desktop site that can work across all browsers.
IITs Kick Out Zomato From The Placement Menu
The spat between Deepinder Goyal and IIT-Delhi seems not to have settled as Zomato has been blacklisted by All-IITs Placement Committee (AIPC). Zomato’s tight revenue rope walk and laying off employees, is assumed as another reason
Haryana Govt Waves Green Flag To Bike-As-A-Taxi Service
Government of Haryana has permitted the use of commercial two-wheelers to operate as contract carriages in the city. 74 BC Technologies Pvt Ltd will launch its bike-as-a-taxi service under the brand name ‘Baxi’ offering affordable last-mile connectivity to offices, colleges, schools and residential areas, from metro and bus stations.
SEBI Might Allow Ecommerce Companies To Sell Mutual Funds
Indians have approximately spend about $9 Bn this year in online shopping. SEBI is interested in ‘altering regulations’ to allow ecommerce websites to offer mutual funds to help them reach out to young investors easily.
Ola Launches Ola Money App
Ola’s newly launched Ola Money will offer peer to peer payments, mobile recharges & postpaid bill payments and work with an ecosystem of merchants. Ola Money users will be able to check offers on partnered merchants’ site as well.